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SNAP - CLASSE ASNAP - CLASSE ASNAP - CLASSE A

SNAP - CLASSE A

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1SNAP trade ideas

$SNAP Weekly buyers need to step in here...I think they willSnap recently loss the 50EMA on the weekly but is trading at two important support points - Upward trend line and volume shelf support. Watch for possible more downside to $50 zone, were I would want to see buyers defend here and push back to $60 zone target. I'm in DEC $60 calls down -20% will exit the position with a close below $50 this week. I like the decrease in volume as sellers seem to be exhausted at this point.
NYSE:SNAPLong
by FriscoTrades
2
SNAP is where you need it be $SNAP price fell about 35% last week over earnings report. However this is just one more occasion the market is overreacting. Technical: We seeing support at $52 mark with a liquidity range just below at $48.5. This give a potential right-angled broadening formation. Typically this type of patterns have a 68% strike performance. The purple and green lines are the possible path the market/price could move/ take. Action: Buy first lot at $52.4. if the market is gracious enough to give 48.5 .. buy a second lot your first TP should be anywhere the price touches the red trendline (60.4- 63.6) Goodluck!!
NYSE:SNAPLong
by lexcel
oversold, possible reboundSnap, Inc. engages in the operation of its camera platform. Its products include Snapchat, using the camera and editing tools to take and share Snaps, Friends Page, which lets users create and use Stories, Groups, Video and Chat, Discover for searching and surfacing relevant Stories, Snap Map, which shows friends, Stories and Snaps near the user, Memories, for saving personal collections, and Spectacles, wearable sunglasses capable of taking Snaps and interacting directly with the Snapchat application. The firm's primary source of revenue is advertising. The company was founded by Frank Reginald Brown IV, Evan Thomas Spiegel, and Robert C. Murphy in 2010 and is headquartered in Santa Monica, CA.
NYSE:SNAPLong
by MrMercato
1